PSU Payout Percentage Sample Clauses

PSU Payout Percentage a. The Performance Goals are the levels of performance set by the Committee on the Grant Date with respect to each measure of performance.
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PSU Payout Percentage a. The Performance Goals are the levels of performance set by the Committee on the Grant Date with respect to each measure of performance. b. The “Target PSU Award” for this Agreement is based on the target number of PSUs granted by the Committee and announced in the Notice. If Achievement falls between two levels of Achievement, the resulting payout percentage will be straight–line interpolated (rounding to the nearest 0.1 percent) between the payout percentages for those two levels of Achievement. Achievement Levels and Corresponding Payouts for PSUs Dependent on Adjusted Cash Flow Performance Measure Level of Achievement Adjusted Free Cash Flow Over the Performance Period Payout Percentage for the applicable half of your Target PSU Award Threshold Performance (the minimum level of Achievement to qualify for any payout of the Adjusted Free Cash Flow half of your Target PSU Award.) $5.875 Billion 50% Target Performance (the level of Achievement to qualify for 100% payout of the Adjusted Free Cash Flow half of your Target PSU Award.) $6.375 Billion 100% Maximum Performance (the maximum level of Achievement that results in an increased number of PSUs paid out under the Adjusted Free Cash Flow half of your Target PSU Award.) $6.875 billion 200%
Sample 1
PSU Payout Percentage a. The Performance Goals are the levels of performance set by the Committee on the Grant Date with respect to each measure of performance. b. The “Target PSU Award” for this Agreement is based on the target number of PSUs granted by the Committee and announced in the Notice. If Achievement falls between two levels of Achievement, the resulting payout percentage will be straight–line interpolated (rounding to the nearest 0.1 percent) between the payout percentages for those two levels of Achievement. Achievement Levels and Corresponding Payouts for PSUs Dependent on Adjusted Cash Flow Performance Measure Level of Achievement Adjusted Free Cash Flow Over the Performance Period Payout Percentage for the applicable half of your Target PSU Award Threshold Performance (the minimum level of Achievement to qualify for any payout of the Adjusted Free Cash Flow half of your Target PSU Award.) $5.496 billion 60% Target Performance (the level of Achievement to qualify for 100% payout of the Adjusted Free Cash Flow half of your Target PSU Award.) $5.906 billion 100% Maximum Performance (the maximum level of Achievement that results in an increased number of PSUs paid out under the Adjusted Free Cash Flow half of your Target PSU Award.) $6.316 billion 200% Achievement Levels and Corresponding Payouts for PSUs Dependent on TSR Total Shareholder Return Relative to the S&P 500 over the Performance Period Level of Achievement Relative TSR Percentile Rank Payout Percentage for the applicable half of your Target PSU Award Threshold Performance (the minimum level of Achievement to qualify for any payout of the TSR half of your Target PSU Award.) 25th 50% Total Shareholder Return Relative to the S&P 500 over the Performance Period Target Performance (the level of Achievement to qualify for 100% payout of the TSR half of your Target PSU Award.) 50th 100% Maximum Performance (the maximum level of Achievement that results in an increased number of PSUs paid out under the TSR half of your Target PSU Award.) 75th 200%
Sample 1

Related to PSU Payout Percentage

  • Annual Performance Bonus In the discretion of the Company's Compensation Committee, the Executive shall be eligible to receive an annual performance bonus payable in cash for each full or partial fiscal year of the Company during the Employment Period in accordance with the Company's performance-based bonus program for Executive Officers.

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Discretionary Bonus The Executive shall be entitled to participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that may be authorized and declared by the Board of Directors to its senior management executives from time to time. No other compensation provided for in this Agreement shall be deemed a substitute for the Executive's right to participate in such discretionary bonuses when and as declared by the Board.

  • Senior Prepayment Percentage See the definition of “Group 1 Senior Prepayment Percentage or Group 2 Senior Prepayment Percentage”.

  • Commitment Percentage With respect to each Lender, the percentage set forth on Schedule 1.1 hereto as such Lender’s percentage of the aggregate Commitments of all of the Lenders, as the same may be changed from time to time in accordance with the terms of this Agreement.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • Original Class A Percentage The Original Class A Percentage is 96.79331905%.

  • Quarterly Bonus The Employee shall be eligible to be paid a quarterly bonus earned in accordance with the terms set forth on Exhibit 3.2.

  • Cash Incentive Bonus The pro rata share of any Cash Incentive Bonus that would have been paid to the Executive had the Executive not been terminated Without Cause based on the extent to which performance standards are met on the last day of the year in which the Executive is terminated Without Cause.

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